I was thinking the same thing My 391657103
GREATER CANNABIS COM divvy all 288,795 shares are still in my schwab account and I have never seen this happen where a broker delivered divvy shares and then took them away and that explanation by Etrade posted here did not make sense too me.
anyone care to explain it.
The divvy was not tradable yet because it was not registered so How could Etrade code it as a buy or sell.
this is the part that don't make sense and is difficult to understand:
Partial quote:
the activity will code it as a buy. With the reversal, it was marked as a sell to counteract the deposit in the account.
The whole Quote:
"I understand your concern about the shares of Greater Cannabis Co that you had. The shares were recalled by their agent last week, due to the agent never receiving the allocation of the shares from the company. When ever a company issues a spinoff in the account, the activity will code it as a buy. With the reversal, it was marked as a sell to counteract the deposit in the account. The trade confirmation that you had will not reflect any cash since there was no sell order placed.
If you have any other questions or concerns, please give us a call at 1-800-387-2331 or send in a secure message. Thank you for choosing E*TRADE. "
Maybe ETRADE had air shares.
Mabe the transfer agent or wayne screwed up.
Time will tell. This is about to get real interesting.
Somebody's got sum planning to do.
AI
